South Korea’s Samsung Display announced on Feb. 19 that its foldable OLED panel has been officially verified as a product suitable for U.S. military use for the first time in the world.The subsidiary of tech giant Samsung Electronics said that its 7.6-inch panel has become the world’s first bendable
South Korea’s most valuable company Samsung Electronics topped the global TV market for 18 consecutive years, according to business tracker Omdia on Feb. 19.The London-based organization noted that Samsung Electronics carved out 30.1% of the international TV market last year in terms of sales values
South Korea’s Samsung Electronics said on Jan. 9 that its operating profit in the fourth quarter of last year would be around $2.1 billion, down 35 percent from a year ago.The profit guidance is substantially lower than the market consensus. Brokerage houses at home and abroad estimated that the fig
South Korea’s Samsung Electronics said on Jan. 8 that it would introduce a transparent Micro-LED display during the Consumer Electronics Show (CES) 2024 this week in Las Vegas.Samsung Electronics said that the transparent glass-like display powered by extremely small-sized LEDs would bring about inf
Foreign investors’ net purchases of South Korea’s Samsung Electronics shares amounted to a record-high $12.9 billion last year, according to the Korea Exchange on Jan. 1.This marks the largest offshore net buying of Samsung Electronics shares since the Korea Exchange started compiling related data i
Samsung Electronics said on Dec. 7 that the South Korean would disclose its artificial intelligence technologies early next month ahead of the 2024 Consumer Electronics Show in Las Vegas.The event is scheduled for Jan. 8, a day before exhibitions for the 2024 consumer fair takes place, with the them
Two Korean firms dominate the world market in Q3South Korea’s SK hynix fast catches up with business bellwether Samsung Electronics in the memory market, according to London-based business tracker Omdia on Nov. 27.During the July-Sept. period of this year, SK hynix logged sales of $46.34 billion in
Korean tech giant racks up $1.7 billion in quarterly profitSouth Korea’s Samsung Electronics expected on Oct. 11 that in its guidance that its third-quarter revenue would be about $50 billion for an operating profit of some $1.7 billion.The sales of the world’s largest memory chip and smartphone mak
Korean chipmakers sigh a sigh of reliefThe United States offered waivers to Samsung Electronics and SK hynix from the country’s China export controls, according to the South Korean government on Oct. 9.The U.S. government designated the two Korean chip makers’ factories in China as validated end use
Tech giant will come up with end-to-end car solutionsSamsung Electronics announced on Sept. 4 that the South Korean tech giant would tap into the automotive market by coming up with end-to-end car solutions.Samsung Electronics, the world’s largest memory chipmaker, disclosed its plan to show off a h
Korean memory chipmakers are expected to turn around soonWorld’s leading memory chipmakers Samsung Electronics and SK hynix remained unprofitable in the chip business during the second quarter of this year. But they managed to reduce the size of the deficits.Samsung disclosed its second-quarter resu
Bespoke home appliances keep hitting marketSouth Korea’s Samsung Electronics said on July 12 that it had launched a versatile oven designed to recommend cooking recipes based on artificial intelligence.This is not the first time for corporations to take advantage of AI-related technologies to help c
Tech giant launching game portalSouth Korea’s Samsung Electronics opened a game portal on July 10, targeting American and European markets, including the United States, the United Kingdom, Germany, France, and Brazil.The Seoul-based tech giant noted that the game portal was a one-stop online store f
Tech giant barely remained profitable in Q2South Korea’s Samsung Electronics barely remained profitable during the second quarter of this year due to the weak global demand for the firm’s representative products of memory chips.The Seoul-based company disclosed its earnings guidance on July 7 that i
Tech giants hold annual Samsung Foundry ForumSouth Korea's Samsung Electronics disclosed a technology roadmap on June 28 with the target of starting 2-nanometer mobile chips in 2025 to catch up with business bellwether TSMC of Taiwan.In its annual Samsung Foundry Forum 2023 in Silicon Valley, the te
Tech giant remains ahead of pack for 17 straight yearsSouth Korea’s tech giant Samsung Electronics topped the global TV market in the first quarter of this year, according to U.K.-based business tracker Omdia on May 22.In terms of sales prices, Samsung accounted for 32.1 percent of the market during
Tech giant rolling out most advanced DRAMsSamsung Electronics announced on May 18 that it had started the mass production of 16-gigabit DDR5 DRAM based on the industry’s most advanced 12 nanometer-class process technology.A nanometer refers to one billionth of a meter. A sheet of paper is around 100
Neubility attracts investment from SamsungSouth Korea's Samsung Electronics plans to come up with EX1, a robot designed to help the elderly with exercise, later this year, according to its top executive on March 21.Samsung Vice Chairman Han Jong-hee also said that the tech giant had contacted many r
Korean firm strives to remain ahead of the curveSouth Korea’s Samsung Electronics announced on March 15 that it would invest $230 billion to build five new factories in the country over the next two decades.With the investment, the company noted that it strived to establish the world’s largest semic
Samsung smartwatch continues to show new featuresSouth Korea's Samsung Electronics announced Feb. 14 that it had signed a partnership with Natural Cycles to help people get pregnant or control birth through the former’s smartwatch.Samsung, the world’s largest smartphone maker, noted that its Galaxy